Industry Segments: Financial Lines Page 4 / 9
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- May 8 2024
AIG appoints Shanti Shafqat as New Zealand national corporate financial lines manager
Shafqat started her role in May and is based in Auckland.
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- May 7 2024
APAC markets moderating, loss-exposed lines remain challenging: Aon
Cat-exposed property across Asia saw limited capacity and renewal price increases but capacity for casualty remained abundant, leading to moderate market conditions, despite concerns of increasing exposures.
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- May 6 2024
Asian insurance pricing moderates across lines but Japan, Taiwan, Philippines buck the trend: Marsh
Japan was the only Asian country that saw price increases in all lines of business, other cat-exposed markets like Taiwan, Philippines and Indonesia saw strong hikes in property classes but saw varying trends in other lines.
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- May 2 2024
Markel’s Australian finpro build out bets on ‘harder’ mid-market PI
The carrier aims to grow its onshore footprint in the professional indemnity market in the next two to three years with “a real spread of risks” and eventually expand its portfolio into other financial lines segments when markets turn.
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- April 30 2024
HDI Global hires Richard Upton to head financial lines in New Zealand
Joining from Zurich, Auckland-based Upton will focus on building the company’s financial lines portfolio in the New Zealand market.
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- April 29 2024
‘Sushi terrorism’ puts reputational risk insurance in Japan centre stage
Reputation management was once little more than an afterthought for many companies, outsourced to crisis communication teams, however, the rise of social media is changing perceptions.
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- April 25 2024
Asia commercial insurance rates decline 2% in Q1: Marsh
Property, casuaty, finpro and cyber rates fell in the first quarter the year in Asia, while in the Pacific, property stabilised while casualty premiums continued to grow for the fourth consecutive quarter, albeit at a slower clip.
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- April 19 2024
Boutique finpro brokerage PLI Brokers launches in Australia
The brokerage, founded by Melbourne-based managing director David Martin, will offer financial services and accounting professions products.
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- April 17 2024
Everest appoints David Ho as head of financial lines, Asia
Singapore-based Ho has more than 20 years of experience specialising in financial lines and has worked across New York, California, Hong Kong and Singapore.
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- April 17 2024
Ryan Thomas rejoins AIG in Singapore to head APAC financial lines
Thomas will leverage his work experience in New York and Sydney to focus on growing the insurer’s strategy in the Asia Pacific region.
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- April 11 2024
Stability the goal as D&O market emerges from years of pricing volatility
While the directors & officers market in Asia Pacific remains as diverse as the markets in the region itself, there is a clear demand for certainty around pricing.
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- March 27 2024
WTW taps Marsh for India credit insurance leader
Mumbai-based Rishabh Karnik will help develop the broker's financial solutions offerings.
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- March 25 2024
Newline grows Australia footprint with Sydney office
The Lloyd's (re)insurer has appointed Nicholas Beswick in Sydney as head of professional indemnity for Australia and New Zealand.
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- March 20 2024
Markel expands Singapore financial lines team with ex-QBE hire
Ray Lim joins as a financial and professional risks underwriter and reports to Simon Moi.
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- March 5 2024
Assured Guaranty hires managing director for Australia expansion
The financial guarantee insurer has appointed Melissa Gribble as part of its move to grow origination activities in the country with a focus on the infrastructure, utilities and structured finance markets.
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- February 28 2024
Marsh appoints Jason Howard as finpro risk management leader for Pacific
Sydney-based Howard will assume the new role in addition to his current position of chief client officer finpro - Pacific.
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- February 8 2024
Marsh elevates Craig Claughton to finpro chairman for Pacific
Sydney-based Claughton was most recently head of financial and professional lines for the broker.
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- February 7 2024
Pacific Prime acquires Malaysia’s MIT Insurance Brokers from Johor Corp
The deal between the global insurance brokerage and Malaysia's state development corporation will see MIT Insurance Brokers integrate into Pacific Prime Consultants Malaysia.
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- February 6 2024
Berkley Re names treaty manager for Australia & New Zealand
Sydney-based Heath Sinclaire will enhance the firm's relationships with cedents and brokers, focusing on the casualty reinsurance sector.
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- February 6 2024
Asia’s casualty, financial & professional rates see quarterly drop in 4Q 2023: Marsh
Commercial and cyber insurance rates were flat in Asia as insurers' competition heated up, while property rates edged up 2%.
